Sell USDCAD @ 1.3465. Take profit targets @ 1.3390 and 1.3335
Stop loss @ a close above 1.3520
On the 4 hours chart, the USDCAD pair penetrated the 21 moving average and is showing weakness as the RSI is heading towards the 30 zone. Moreover, on the daily chart, the pair formed the bearish engulfing pattern and it is diverging from CCI which is already in the overbought zone.